A quick look at the markets for the week ending May 10, 2024 ‌ 

The DJIA stretched its winning streak to 6 straight sessions this week, closing above 39K points for the first time in 5 weeks. 
This year, consumers will borrow an estimated $334 billion through “buy now, pay later” loans, which often are not reported to credit agencies.
The May jobs report showed 175K new jobs in April, a 6-month low. Labor market declines open the door for the Fed to cut rates sooner in 2024.
  
According to the New York Fed, renters put the probability of ever owning a home at a record low of 40.1%, a decrease from 44.4% a year ago. 
NAR reports home prices trended up in 205 of 221 metro areas during the first quarter, with 30% experiencing double-digit gains.
Rates dipped last week, causing refinance apps to increase 5% for the week. Purchase apps rose 2% but were 17% lower than a year ago.
  

“My great concern is not whether you have failed, but whether you are content with your failure.”
Abraham Lincoln